Highbridge Advokatanpartsselskab — Credit Rating and Financial Key Figures

CVR number: 39462877
Højbro Plads 10, 1200 København K

Credit rating

Company information

Official name
Highbridge Advokatanpartsselskab
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry

About Highbridge Advokatanpartsselskab

Highbridge Advokatanpartsselskab (CVR number: 39462877) is a company from KØBENHAVN. The company recorded a gross profit of 13.2 mDKK in 2023. The operating profit was 3652 kDKK, while net earnings were 2784.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.1 %, which can be considered excellent and Return on Equity (ROE) was 77.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Highbridge Advokatanpartsselskab's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 961.867 880.4113 034.0111 826.7013 164.57
EBIT2 882.134 014.497 532.495 326.743 652.03
Net earnings2 224.113 068.165 807.254 019.402 784.54
Shareholders equity total2 424.113 268.266 007.514 219.662 984.80
Balance sheet total (assets)4 370.226 597.9710 996.698 492.477 712.20
Net debt-1 802.44-2 897.57-6 507.78-1 410.20-1 224.29
Profitability
EBIT-%
ROA87.3 %73.2 %85.6 %54.7 %45.1 %
ROE105.8 %107.8 %125.2 %78.6 %77.3 %
ROI134.1 %138.8 %160.7 %97.6 %91.5 %
Economic value added (EVA)2 229.973 079.555 847.164 157.702 717.22
Solvency
Equity ratio55.5 %49.5 %54.6 %49.7 %38.7 %
Gearing1.3 %1.0 %0.9 %13.1 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.03.11.81.4
Current ratio2.22.03.11.81.4
Cash and cash equivalents1 833.602 929.036 562.411 961.781 271.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:45.1%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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